CNBC Economy / Updates
- Private payrolls rose by 38,000 in August, less than expected, ADP reports September 2, 2026Though job creation held positive, August was the smallest gain since January and reflective of a broader slowdown in the labor market.
- Euro zone inflation is back above 3%. Higher interest rates are likely to follow September 1, 2026The European Central Bank is seen hiking rates in September as the Iran war raises energy costs in the region.
- Bank of England chief warns new AI models threaten global financial stability August 31, 2026Bank of England Governor Andrew Bailey has warned that frontier AI could materially increase cyber risks to the global financial system.